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Basilia
Mrs. Basilia is 38 years old and for 9 years she has been selling chickens in a market near her house. The current economic climate has been a detriment to her business, but she has not seen her income decline thanks to the quality of the products that she buys, from wholesalers in the early hours of the day, in order to build a spot recognizable by the clients in Market "October 27" and to act as the main source of income in the house where she lives with her husband and her 21-year-old son. But she knows that there are no guarantees that tomorrow will be the same. So she develops strategies to strengthen her business and she knows that one of the main ways is through investment. The money that one is able to have. In order to remain one of the leaders in the market where she works, she requires a loan of 2000 soles.
View original language description ↓
La señora Basilia tiene 38 años de edad y 9 en la venta de pollos en un mercado cercano a su casa. En detrimento de su negocio va la actual coyuntura económica, pero no ha visto decaer sus ingresos, gracias a la calidad de los productos que adquiere de los mayoristas a primera hora diariamente. Al construirse un sitial reconocido por los clientes en el Mercado “27 de octubre”, logra ser el sostén económico en casa, donde vive con su esposo e hijo de 21 años. Pero sabe que nada le garantiza que el mañana sea así, por lo cual diseña sus estrategias para fortalecer su negocio y sabe que una de las aristas principales de éste es la inversión, el capital que uno pueda tener.

En aras de poder mantenerse como uno de los puestos líderes del mercado donde labora, requiere del préstamo de 2000 soles.

Additional Information

About EDAPROSPO

EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

About Peru

  • $12,000
    Average annual income
  • 126
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Basilia to purchase more chickens to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 24, 2008
Listed
Nov 18, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009